SCGSX vs. SSLCX

Last updated Jun 23, 2026

SCGSX (DWS Capital Growth Fund) and SSLCX (DWS Small Cap Core Fund) are both mutual funds - SCGSX is a Large Cap Growth Equities fund managed by DWS, while SSLCX is a Small Cap Blend Equities fund managed by DWS. Over the past 10 years, SCGSX returned 15.92%/yr vs 11.06%/yr for SSLCX. A 0.78 correlation means they provide meaningful diversification when combined. SCGSX charges 0.66%/yr vs 0.95%/yr for SSLCX.

Performance

SCGSX vs. SSLCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Capital Growth Fund (SCGSX) and DWS Small Cap Core Fund (SSLCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCGSX achieves a 4.40% return, which is significantly lower than SSLCX's 13.52% return. Over the past 10 years, SCGSX has outperformed SSLCX with an annualized return of 15.92%, while SSLCX has yielded a comparatively lower 11.06% annualized return.

SCGSX

• 1D: 1.91%
• 1M: 0.62%
• YTD: 4.40%
• 6M: 4.19%
• 1Y: 15.25%
• 3Y*: 18.08%
• 5Y*: 9.89%
• 10Y*: 15.92%

SSLCX

• 1D: 1.82%
• 1M: 2.84%
• YTD: 13.52%
• 6M: 11.61%
• 1Y: 18.30%
• 3Y*: 13.23%
• 5Y*: 7.15%
• 10Y*: 11.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SCGSX vs. SSLCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCGSX DWS Capital Growth Fund	4.40%	12.34%	26.27%	38.61%	-30.88%	22.41%	38.60%	36.98%	-1.96%	26.27%
SSLCX DWS Small Cap Core Fund	13.52%	4.99%	9.85%	13.09%	-13.53%	41.16%	14.65%	21.72%	-14.28%	11.63%

Correlation

The correlation between SCGSX and SSLCX is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001	0.78

Over the past year, the correlation between SCGSX and SSLCX has dropped to 0.52 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

Return for Risk

SCGSX vs. SSLCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCGSX

SCGSX Risk / Return Rank: 11
SCGSX Sharpe Ratio Rank: 12
SCGSX Sortino Ratio Rank: 11
SCGSX Omega Ratio Rank: 12
SCGSX Calmar Ratio Rank: 9
SCGSX Martin Ratio Rank: 9

SSLCX

SSLCX Risk / Return Rank: 25
SSLCX Sharpe Ratio Rank: 21
SSLCX Sortino Ratio Rank: 20
SSLCX Omega Ratio Rank: 20
SSLCX Calmar Ratio Rank: 33
SSLCX Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SCGSX vs. SSLCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Capital Growth Fund (SCGSX) and DWS Small Cap Core Fund (SSLCX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SCGSX	SSLCX	Difference
Sharpe ratio: Return per unit of total volatility	0.87	1.22	-0.34
Sortino ratio: Return per unit of downside risk	1.27	1.75	-0.48
Omega ratio: Gain probability vs. loss probability	1.16	1.22	-0.05
Calmar ratio: Return relative to maximum drawdown	0.81	2.06	-1.25
Martin ratio: Return relative to average drawdown	2.58	6.45	-3.87

SCGSX vs. SSLCX - Sharpe Ratio Comparison

The current SCGSX Sharpe Ratio is 0.87, which is comparable to the SSLCX Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of SCGSX and SSLCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCGSX vs. SSLCX - Drawdown Comparison

The maximum SCGSX drawdown since its inception was -50.63%, smaller than the maximum SSLCX drawdown of -63.14%. Use the drawdown chart below to compare losses from any high point for SCGSX and SSLCX.

Drawdown Indicators

	SCGSX	SSLCX	Difference
Max Drawdown Largest peak-to-trough decline	-50.63%	-63.14%	+12.51%
Max Drawdown (1Y) Largest decline over 1 year	-18.09%	-8.78%	-9.31%
Max Drawdown (3Y) Largest decline over 3 years	-21.75%	-17.34%	-4.41%
Max Drawdown (5Y) Largest decline over 5 years	-35.81%	-22.57%	-13.24%
Max Drawdown (10Y) Largest decline over 10 years	-35.81%	-48.07%	+12.26%
Current Drawdown Current decline from peak	-3.25%	-0.54%	-2.71%
Average Drawdown Average peak-to-trough decline	-12.78%	-11.29%	-1.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.66%	2.79%	+2.87%

Volatility

SCGSX vs. SSLCX - Volatility Comparison

DWS Capital Growth Fund (SCGSX) has a higher volatility of 7.22% compared to DWS Small Cap Core Fund (SSLCX) at 5.33%. This indicates that SCGSX's price experiences larger fluctuations and is considered to be riskier than SSLCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCGSX	SSLCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.22%	5.33%	+1.89%
Volatility (6M) Calculated over the trailing 6-month period	13.74%	10.78%	+2.96%
Volatility (1Y) Calculated over the trailing 1-year period	16.80%	14.84%	+1.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.99%	17.39%	+3.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.58%	21.08%	-0.50%

SCGSX vs. SSLCX - Expense Ratio Comparison

SCGSX has a 0.66% expense ratio, which is lower than SSLCX's 0.95% expense ratio.

Dividends

SCGSX vs. SSLCX - Dividend Comparison

SCGSX's dividend yield for the trailing twelve months is around 7.30%, more than SSLCX's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCGSX DWS Capital Growth Fund	7.30%	7.62%	9.06%	7.18%	7.81%	6.64%	5.59%	5.98%	17.00%	9.08%	8.49%	11.02%
SSLCX DWS Small Cap Core Fund	1.07%	1.21%	1.52%	0.68%	1.07%	1.67%	0.35%	0.16%	5.99%	5.78%	0.60%	8.42%

Frequently Asked Questions

Can I hold both SCGSX and SSLCX in my portfolio?

SCGSX and SSLCX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCGSX or SSLCX?

SCGSX has higher volatility (7.22%) compared to SSLCX (5.33%). In terms of maximum drawdown, SCGSX dropped -50.63% vs SSLCX's -63.14%.

Which has better risk-adjusted returns?

SSLCX currently has the higher Sharpe Ratio (1.22 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.